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This paper quantitatively investigates the short- and long-run effects of liberalizing global migration on the world … distribution of income. We develop and parametrize a dynamic model of the world economy with endogenous migration, fertility and … are gradual and cumulative. In case of a complete liberalization, the world average level of GDP per worker increases by …
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East and Southeast Asia face major demographic changes over the next few decades as many countries' labor forces will start to decline, while others will experience higher labor force growth as populations and participation rates increase. A well-managed labor migration strategy presents itself...
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